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. Interestingly, we find that the required degree of production complementarity for positive sorting is increasing in the number of …We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with … derive the necessary and sufficient conditions for sorting in applications as well as matches. We show that positive sorting …
Persistent link: https://www.econbiz.de/10012581332
. Interestingly, we find that the required degree of production complementarity for positive sorting is increasing in the number of …We investigate the e↵ect of search frictions on labor market sorting by constructing a model which is in line with … derive the necessary and sucient conditions for sorting in applications as well as matches. We show that positive sorting is …
Persistent link: https://www.econbiz.de/10012591555
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explanations for) positive assortative matching. …
Persistent link: https://www.econbiz.de/10011349215
Worker sorting into tasks and occupations has long been recognized as an important feature of labor markets. But this … sorting may be inefficient if jobseekers have inaccurate beliefs about their skills and therefore apply to jobs that do not … with inefficient sorting due to limited information. …
Persistent link: https://www.econbiz.de/10014394213
We identify conditions under which a bargainer makes inefficiently large (small) investments in search for information about the opponent's reservation price. The analysis starts with the observation that a player will invest too much (too little) if the opponent's expected payoff is decreasing...
Persistent link: https://www.econbiz.de/10013131685
In frictional matching markets with heterogeneous buyers and sellers, sellers incur discrete showing costs to show … emerge and improve social welfare when there is sufficient heterogeneity in the types of goods and preferences. Our analysis …
Persistent link: https://www.econbiz.de/10013111126
simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching …
Persistent link: https://www.econbiz.de/10011372979